NOT LISTED FOR SALE

68 Wales Ave Jersey City, NJ 07306

West Side Neighborhood

Estimated Value: $639,000 - $743,000

2 Beds
-- Bath
-- Sq Ft
1,873 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $390,000

Est. 78% increase in value since last sale

Current estimated payment $4,248/month

58 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • 5-minute walk to Children Park And Basketball Court
  • Liberty High School Rated A-

About This Home

As of May 2021

Location...Location... Location!! Great 2 family home ready for you. With a little TLC you will have an income producing multifamily anyone will want!! Each unit has 1 living room, 1 Kitchen, 1 full bathroom and 1 Bedrm. Each unit has access to Beautiful backyard space with a patio area! Opportunity awaits as this location of Jersey City is sought after! Don't miss the opportunity to own an investment property or Owner occupy one unit and rent the other and enjoy all Jersey City has to offer!. Strictly AS-IS purchase! Sellers will provide Fire Co if any other CO's are needed this will be the Byers responsibility.

Last Agent to Sell the Property

Heather Pitts-Schon

RE/MAX COUNTRY Listed on: 02/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,002

Year Built

  • Built in 1895

Lot Details

  • 1,873 Sq Ft Lot

Interior Spaces

  • 2-Story Property
  • Partial Basement

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Underground Utilities
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric fuel water gas), unit 2 owner pays(electric fuel water gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,002

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.043
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1895
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas)
  • Owner Pays: Unit 1 Owner Pays(Electric,Fuel,Water,Gas), Unit 2 Owner Pays(Electric,Fuel,Water,Gas)
  • Has Basement: Partial, None
  • Interior Amenities: Unit 1(1 Bedroom,1 Bath,Living Room), Unit 2(1 Bedroom,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Wall Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 1873

Tax Info

  • Tax Annual Amount: 5002
  • Tax Year: 2020

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 4, 2021
Sold by
Pope Teresa
Bought by
Verma Triloki and Prajapati Manisha
Seller's Agent
Heather Pitts-Schon
RE/MAX COUNTRY
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$694,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,973
Avg. Annual Appreciation
13.51%
Original Mortgage
$292,500
Outstanding Balance
$265,078
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$429,895

Purchase Details

Closed on
Oct 10, 2012
Sold by
Amato Caroline
Bought by
Amato Caroline and Pope Teresa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Verma Triloki $390,000 First American Title Ins Co
Amato Caroline -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verma Triloki $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Off Market $390,000 -- --
05/07/2021 05/07/21 Sold $390,000 0.0% --
04/07/2021 04/07/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $390,000 -- --
Source: All Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,938 $310,700 $176,000 $134,700
2024 $6,981 $310,700 $176,000 $134,700
2023 $6,981 $310,700 $176,000 $134,700
2022 $6,581 $310,700 $176,000 $134,700
2021 $4,984 $310,700 $176,000 $134,700
2020 $5,002 $310,700 $176,000 $134,700
2019 $4,785 $310,700 $176,000 $134,700
2018 $1,220 $310,700 $176,000 $134,700
2017 $6,396 $82,000 $14,400 $67,600
2016 $6,315 $82,000 $14,400 $67,600
2015 $6,135 $82,000 $14,400 $67,600
2014 $6,096 $82,000 $14,400 $67,600
Source: Public Records

Agents Affiliated with this Home

  • Heather Pitts-Schon

    Seller's Agent in 2021

    Heather Pitts-Schon

    RE/MAX

    (732) 322-0756

    1 in this area

    45 Total Sales

    Heather Pitts-Schon
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Map

Source: All Jersey MLS

MLS Number: 2111993

All Jersey MLS

APN: 06-10303-0000-00020

New Jersey Hudson County Jersey City 07306 West Side

68 Wales Ave, Jersey City, NJ

Not Listed for Sale

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